TO PROVIDE FOR THE CONSTRUCTION, REMODELING, EQUIPPING, AND FURNISHING OF THE JOHN SEALY HOSPITAL AND OTHER HOSPITAL BUILDING OR BUILDINGS IN THE CITY OF GALVESTON, TX, IN CONNECTION WITH THE JOHN SEALY HOSPITAL, AND TO PROVIDE FOR HEALTHCARE OF CITIZENS OF GALVESTON THEREIN.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3B
+13.2% YoY
Revenue
$135.7M
+3.7% YoY
Net Investment Income
$98.4M
+25.0% YoY
Expenses
$57.7M
+92.0% YoY
About The Sealy & Smith Foundation
Based on IRS filings
The Sealy & Smith Foundation is a nonprofit organization focused on Health, based in GALVESTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3B in total assets. Net investment income was $98.4M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,305,818,243 | $2,037,694,463 | $1,674,903,989 |
| Revenue | $135,743,625 | $130,847,488 | $158,734,221 |
| Expenses | $57,722,709 | $30,063,602 | $31,756,764 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $98,389,657 | $78,712,702 | $98,777,956 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN W KELSO | PRESIDENT/DIRECTOR | 5 | $72,000 |
| MICHAEL C DOHERTY | VICE PRESIDENT/ DIR. | 5 | $72,000 |
| JAMES B GALBRAITH | DIRECTOR | 5 | $66,000 |
| E J PEDERSON | DIRECTOR | 5 | $72,000 |
| KEITH BASSETT | DIRECTOR | 5 | $72,000 |
| WILLIAM R SEALY | DIRECTOR | 5 | $72,000 |
| DOUGLAS G ROGERS | EXEC DIR/ SEC/TREAS | 45 | $426,538 |
| JAMES S JOBE | ASST SEC/TREASURER | 45 | $176,574 |
| GLADYS STANSBERRY | ASST TREASURER | 45 | $106,004 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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